AMA Research & Media LLP

Travel Insurance Market Is Booming – Gaining Revolution in Eyes of Global Exposure : CSA Travel, USI Affinity, Tata AIG Insurance, Seven Corners

What's Ahead in the Global Travel Insurance Market? Benchmark yourself with strategic steps and conclusions recently published by AMA


Edison, NJ -- (SBWIRE) -- 08/17/2020 -- Latest released the research study on Global Travel Insurance Market, offers a detailed overview of the factors influencing the global business scope. Travel Insurance Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Travel Insurance Market. The study covers emerging player's data, including: competitive landscape, sales, revenue and global market share of top manufacturers.

"Global Travel Insurance Market is expected to Reach CAGR of 8.25% till 2027. The final report will add the analysis of the Impact of Covid-19 on Travel Insurance Market"

Top players in Global Travel Insurance Market are:
CSA Travel Protection (United States), USI Affinity (United States), Tata AIG Insurance (India), Seven Corners Inc. (United States), Travel Safe (United States), MH Ross Travel Insurance Services Inc. (United States), Allianz Global Assistance (France), Bharti AXA General Insurance (India), AXA (France), Reliance General Insurance (India), InsureandGo (United Kingdom), Berkshire Hathaway Specialty Insurance (United States), Travelex Group (United Kingdom), ICICI Lombard General Insurance (India), Tokio Marine HCC (United States)

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Brief Overview on Travel Insurance
Travel insurance refers to the risk associated while traveling such as injury or death, loss of luggage, delays, and others. It provides numerous benefits such as trip cancellation, loss of luggage & travel documents, and others. Growing tourism is the key factor driving the travel insurance market in addition to increasing government initiative, for instance, to visit some countries such as Luxembourg, the United States, Belgium, France, and others it is mandatory to have travel insurance to obtain VISA.

Recent Development in Global Travel Insurance Market:
5th February 2019, AXA French Insurance Company revealed a new program AXA Go in China to provide travel insurance via WeChat a Chinese messaging application.
25th January 2019, FWD insurance launches a new 24/7 travel insurance chatbot for providing assistance for the entire process of calming travel insurance.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Travel Insurance Market various segments and emerging territory.

Market Drivers
- Increasing Unusual Events Such As Natural Disasters and Terrorist Attacks
- Rising Awareness among Millennials to Secure Their Travel

Market Trend
- Increasing Distribution Channels Such As Banks, Insurance Brokers, Aggregator and Others
- Emphasizing on Online Platform to Sale Travel Insurance

Market Challenges
- Lack of Awareness in Middle Income Group People

Market Restraints:
- Lack of Transparency Associated With Insurance Policies
- Issues Related To Claim Travel Insurance

Market Opportunities:
- Technological Developments in the Travel Insurance Industry
- Government Initiatives to Improve Travel Rule and Regulation

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Travel Insurance Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Travel Insurance market
Chapter 2: Exclusive Summary – the basic information of the Global Travel Insurance Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Global Travel Insurance
Chapter 4: Presenting the Global Travel Insurance Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2020
Chapter 6: Evaluating the leading manufacturers of the Global Travel Insurance market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Global Travel Insurance Market is a valuable source of guidance for individuals and companies.

Data Sources & Methodology
The primary sources involve the industry experts from the Global Travel Insurance Market including the management organizations, processing organizations, analytics service providers of the industry's value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weightage.

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What benefits does AMA research study is going to provide?
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments

Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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